Following a resolution passed in the Extraordinary General Meeting (EGM) held on August 24, 2022, and recommendations from
, the board of directors has approved recategorisation of Kumar and Tewari as nominee directors with effect from August 25, 2022, Yes Bank said in a regulatory filing.
Tewari, deputy managing director (Internal Audit) at SBI, has expertise in strategic governance, evaluation of business operations as well as risk managemnent.
Kumar is an ex-banker with over 37 years of experience in SBI. He worked in various departments, including retail, commercial audit, project finance, risk management and treasury, among others. He retired as the deputy managing director of SBI in September 2021.